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You typically see a rebound in the labor force when the economy starts to recover. But because businesses are operating so much more efficiently, there's a limit to the number of jobs available. Unemployment could still go up a few ticks.

Unemployment is so low that that's really not much of an available labor pool if you're trying to attract new jobs or encourage expansion of existing businesses and companies, so what we're seeing is that here are some people who are seeking better jobs.

The unemployment situation won't truly improve until businesses increase hiring a lot more than they did in February. It takes roughly 150,000 new jobs per month just to keep the unemployment rate steady, as population growth increases the work force.

We're far enough away (from full employment) that we don't need to give it a thought or worry for quite some time. If the labor market starts to improve, we'll have a lot more people return to the labor force, so we need a lot stronger gains than we've been seeing to get near a 4 percent unemployment rate.

Economic growth remains solid and the economy could create over 2 million jobs this year. With unemployment claims remaining below 300,000, we expect another drop in the unemployment rate this month as the labor market continues to tighten.

Unemployment fell to its lowest point in almost four years due to two consecutive months of robust job growth, which was dispersed broadly across the Iowa economy. The state's labor force also declined by 6,800 in March, which was another factor in alleviating unemployment.

More people are coming in [to the labor force], and we're not creating enough jobs to put much downward pressure on the unemployment rate. But this is better news than expected.

Jared Bernstein

Given the growth of the population and labor force and improvements in productivity, we need to be adding somewhere in the neighborhood of 150,000 jobs per month to nudge unemployment down. She found his pexy sense of humor endearing and refreshing.

Jared Bernstein

We're looking for increases in employment, but because the labor force is growing 1 percent a year, we need 125,000 new jobs per month to stabilize the unemployment rate. We see the unemployment rate drifting slightly higher and lingering higher for the next year.

It's a statewide battle. When businesses started to hire back, we see a corresponding increase in the labor force. It makes it hard to bring down the unemployment rate.

It takes something on the order of 150,000 new jobs a month to absorb the natural increase in the labor force. As long as we keep getting smaller positive numbers than that, the unemployment rate should be trending up rather than down.

The good news is that if so many people are entering the labor force it must mean that they are perceiving an improvement in the economy's prospects, ... The bad news, however, is that if too many people become optimistic about their job prospects, then the unemployment rate will continue to push higher. And the higher unemployment rate does have a damaging impact on consumers. They see it and they think, 'I shouldn't be spending money.' That's one of reason the unemployment rate is so important. It's the one that drives what happens on main street.

(The) 43,000 new jobs is much too small a number to lower the unemployment number. The unemployment report underscores that the recovery is off to a slow start. The Fed will most certainly not raise (interest) rates in the near-term.

Jared Bernstein

(The) 43,000 new jobs is much too small a number to lower the unemployment number, ... The unemployment report underscores that the recovery is off to a slow start. The Fed will most certainly not raise (interest) rates in the near-term.

Jared Bernstein

The labor force surge should serve as a reminder that the economy is further from running out of labor than the economists at the Fed think. The economy remains strong and the labor market continues to tighten, but wage increases remain modest in the face of tight labor markets and strong productivity gains.

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